Market News
CME dairy markets closed lower Friday
Milk futures and cash dairy markets closed mostly lower on the Chicago Mercantile Exchange Friday.
November Class III milk was down $.24 at $23.13. December was down $.75 closing at $17.71. January was down $.60 at $16.96. February was down $.33 at $16.54. March through October contracts ranged from sixteen cents lower to eleven cents higher.
Dry whey was unchanged at $0.43. No sales were recorded.
Blocks went down $.1625 settling at $1.9175. Two sales were made at $1.9175 and $1.9275
Barrels fell $.29 to $1.61. Ten sales were made from $1.60 to $1.61.
Butter closed down $0.0350 at $1.40. Eleven trades were made ranging from $1.40 to $1.43.
Nonfat dry milk was down $0.01 at $1.0875. Eighteen trades were made ranging from $1.09 to $1.0975. Four sales were made ranging from $1.0875 to $1.09.
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